Transformer Oil Market to Witness Healthy Growth in Near Future

Transformer Oil Market

The global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in the developed …

Electric Traction Motor Market May Reach to $22.2 billion by 2027 at CAGR of 12.6%

Electric Traction Motor Market

The global electric traction motor market is projected to reach USD 22.2 billion by 2027 from an estimated market size of USD 12.3 billion in 2022, at a CAGR of 12.6% during the forecast period. The increase in demand for high-performance motors, favorable government policies …

Industrial Filtration Market to Show Massive Growth in Near Future

Industrial Filtration Market

The global Industrial Filtration Market is expected to grow from USD 33.5 billion in 2022 to reach USD 45.2 billion by 2027, at a CAGR of 6.2% during the forecast period. The key drivers for the growth of the Industrial Filtration Market include government mandates …

Green Ammonia Market will Escalate Rapidly in Near Future

Green Ammonia Market

The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in …

Variable Frequency Drive Market to Gain Traction

New Revenue Pockets: The global variable frequency drive market is expected to grow at a CAGR of 4.8% to USD 26.8 billion by 2027, up from an estimated USD 21.2 billion in 2022. The increasing power generation worldwide fueling the demand for global Variable frequency …

Lithium Iron Phosphate Batteries Market Recent Developments & Emerging Trends To 2027

New Revenue Pockets: The global lithium iron phosphate batteries market is projected to reach USD 24.6 billion by 2027 from an estimated market size of USD 13.0 billion in 2022, at a CAGR of 13.7% during the forecast period. The factors driving the growth for …

Power Rental Market to Show Strong Growth in Near Future

Power Rental Market

The global Power Rental Marketis projected to reach USD 12.8 billion by 2027 from an estimated USD 9.8 billion in 2022, at a CAGR of 5.6% during the forecast period. The rapid expansion of the industrial sector along with the Surging demand for uninterrupted & …

Insights on the Solid Oxide Fuel Cell Market to 2027: Rising Distributed Power Generation Applications Across Regions to Offer Growth Opportunity

New Revenue Pockets: The solid oxide fuel cell market size will grow to USD 6.5 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 33.9 % during the forecast period. The global solid oxide fuel cell market is driven by the …

Thermal Energy Storage Market will Escalate Rapidly in Near Future

Thermal Energy Storage Market

The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy …

Brushless DC Motor Market to Show Strong Growth in Near Future

Brushless DC Motor Market

The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless …

Small Modular Reactor Market to Gain Traction; Rising Emphasis on Flexible Power Generation Will Augment Healthy Growth

New Revenue Pockets: The global small modular reactor market is projected to reach USD 11.3 billion by 2026 from an estimated USD 9.7 billion in 2021, at a CAGR of 3.2 % during the forecast period. The global small modular reactor market is driven by …

Permanent Magnet Motor Industry to 2026: Increasing Demand In Industrial, Commercial & Residential, Healthcare Driving the growth of Industry

The report, global permanent magnet motor market is projected to reach USD 64.6 billion by 2026 from an estimated value of USD 41.2 billion in 2021, at a CAGR of 9.4% during the forecast period. Increasing demand for energy-efficient motors and growing implementation of permanent …

Generator Sales Market to Reach a Value of $28.6 Billion by 2027 | CAGR of 5.8%

The generator sales market is expected to grow from an estimated USD 21.6 billion in 2022 to USD 28.6 billion in 2027, at a CAGR of 5.8% during the forecast period. Generators are machines that convert mechanical energy into electrical energy. They play a major …

Gas-insulated Switchgear Market to Show Strong Growth in Near Future

Gas-Insulated Switchgear Market

The global gas-insulated switchgear market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The growing investments in renewable energy and government initiatives to reduce carbon emissions is likely to drive the market …